Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Everyday Health Inc (NYSE: EVDY) acted responsibly on behalf of investors’ profitability in the planned $465 million sale to Ziff Davis LLC.
On October 21, 2016, Everyday Health Inc (NYSE: EVDY) and Ziff Davis LLC announced that they had entered into a merger agreement. Under the terms of the merger agreement, Ziff Davis will offer Everyday Health shareholders $10.50 per share in cash for all outstanding shares.
Based in New York, New York, and founded in 2002 Everyday Health Inc operates digital marketing and communications platform for healthcare marketers.
The investigation is looking to uncover whether Everyday Health Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $14.00 per share.
If you purchased Everyday Health Inc (NYSE: EVDY) prior to October 21, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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